Question

_________ refers to paperless monetary transaction.(Cash Payment/ E-Payment)

Hint:

The "E" in E-Payment signifies the shift from physical (atoms) to digital (bits).

Answer 1

1. "Paperless" implies that no physical currency notes or paper checks are used.
2. Cash payments rely entirely on physical paper/coin currency.
3. E-Payment (Electronic Payment) relies on digital signals and records.
4. Thus, E-Payment is the paperless method.